You are in 2021 and your phone must be continually pinging with the news, different social media updates, friends’ updates, and breaking news reports. You’re flooded with content. In case of any question, you can always access the answers within seconds from hundreds of websites. Your everyday news cycle might span daily from existing events as well as gadgets to sewing as well as landscape gardening. Whatsoever you’re interested in, there is a news resource for that accessible at one touch of a button and the majority of them are free!
Consequently, mainstream publishers like The Guardian as well as Wall Street Journal are now struggling! A lot of them are implementing the fee structures as well as donation requests for making up the declining printing industry and successive revenue loss.
There is a new type of media ingestion. Something, which is making availability as well as prompt browsing even easier and enjoyable for a user and is content aggregation. Joint it with refined data scraping and you could publish content, which is enormously valuable for your users.
What is Content Aggregation?
Progressively, review websites, as well as curated content websites, aggregate data from across the web as well as present that in the easy-to-utilize format for a user. Just think about the websites like Google News, Flipboard, or Reddit. All these represent different types of aggregated content.
The easy idea involves dragging content from different resources as well as collecting it all in one place. It permits easier browsing for a user as well as the capability of jumping between industries and topics. Users don’t need to click on any article. They could just view the headlines or summaries as well as move to the subsequent level.
What Does That Mean for Media Industry?
Content aggregators as well as data aggregators position a distinctive challenge for publishers, mainly those that produce revenue from on-site subscriptions or advertising. In case, the users are getting news through websites like News360 or Flipboard, music through Spotify, as well as reviews through Metacritic, then this means that they’re expected not to purchase or visit the resource content. Provided that, where does this money come from?
Flipboard loves traffic from long-tail searches and recency as well as repeated visits from people that wish aggregated content, as well as the end publishers, get the ad revenues from these landing on a website. Metacritic works like a similar model. Combining review websites as well as separate critic pieces in one-stop summaries.
Certain aggregators ultimately establish their expertise as well as move towards different positions of influence and authority in their respective fields, however, not all: a few continue to indefinitely aggregate, never having involved in production. To continue, it must clear the benefits for both aggregators and publishers. The media industry or publishers should know the advantage to end-users of getting content at one place, whereas aggregators require to appreciate the efforts and time it takes for creating content they’re showing.
It’s very important for keeping the publishers motivated. In case, content aggregators, social media channels, as well as syndicators are holding the most of traffic as well as ad revenue, the publishers’ incentive to continue making excellent content reduces. The only way the publishers would be motivated is by producing revenue from the work. That’s how, they could pay contributors, developers, and editors to maintain their website, whereas enjoying the advantages of traffic increases from the aggregators. This is a two-way association, which requires it to be equally beneficial to get ever-lasting effects on the internet.
Is Content Aggregation the Future?
Publishers are continuously evolving the revenue streams, improving ads as well as subscription models. A few people like the Washington Post as it is reporting the year-on-year profits, unlikely some years ago while many predicted the weakening of the typical digital media industry.
However, without a doubt, these two sides require to work together. Persistent data aggregation having no thoughts for publishers would eventually result in uninspiring content. Though, it’s also difficult to ignore value aggregators providing to end-users. All the required content from the favorite resources is in one place, available instantly. In a world where prompt gratification is a new norm, this is looking increasingly possible that aggregators are content publishers of the future!